It’s no mystery why the cost of housing is so high in California – IOTW Report

It’s no mystery why the cost of housing is so high in California

CPR: If Sherlock Holmes was investigating the mysterious disappearance of new housing construction in California, he and Watson might be in Los Angeles County right now.

There they would have observed the county Regional Planning Commission this week as it approved the project known as Centennial, a new community of 19,000 homes on 12,500 acres in the Antelope Valley on the Tejon Ranch.

The Centennial project has been in the works for so long that a news story about the approval was accompanied by a photograph of Gov. Arnold Schwarzenegger looking over maps of the land with the developers in 2008.

Approval by the Regional Planning Commission is just one step in the process of getting the go-ahead to build the new homes. The project now goes before the L.A. County Board of Supervisors.

You really need good genes to be a housing developer in California. If the average life expectancy in your family is less than 95 years, choose another field, or another state.  more

8 Comments on It’s no mystery why the cost of housing is so high in California

  1. with the califonia exodus of it’s thinking population you would think there would be plenty of housing available.

    but maybe the slow planning is their way to keep prices up,

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  2. and after 20 years of fights for approvals and millions in court costs fighting California’s absurd environmental laws, you then have the pleasure of the highest cost of construction in the US driven by material costs, insurance costs, price of gas and a zillion other reasons but first, you will likely pay close to $100,000. PER HOME for a permit to build, all of which goes into fancy named accounts which eventually bleeds out into pension funds for the same libtards that bemoaning the lack of “affordable housing”

    ONLY IN KALIFORNIA

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  3. Ask what the per house planning and permit fee’s will be. I’ll guess somewhere north of $100,000 per house, if not more. I know the SF Bay Area it’s past $140k per house these days. Those permit fee’s get tacked on to the price of the house. This is how the cities and counties worked around Prop 13.

    -KR

    On Edit: Kool Aid beat me to it! 🙂

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  4. The juvenile delinquents in the legislature just passed a bill mandating 55 gallons/person water limits…starting in 2022. The Usual Suspects from Snopes to the McClatchy mafia at SacBee lunged in to “debunk” claims this would result in fines or jail or both, but those are in the bill.

    https://www.snopes.com/fact-check/california-laundry-and-shower/

    but look at Sec. 377 (a) and (b) here it’s right at the top of the page
    https://leginfo.legislature.ca.gov/faces/billCompareClient.xhtml?bill_id=201720180SB606

    this is the usual Snopes “Lie of Omission”.

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